SUBSEQUENT EVENT

6 Months Ended

Jan. 31, 2014

SUBSEQUENT EVENT [Abstract]

Business Combination Disclosure [Text Block]

SUBSEQUENT EVENT

On February 20, 2014 (the “Closing Date”), the Company acquired the Life Sciences business of ATMI, Inc (“ATMI LifeSciences”). ATMI LifeSciences is a technology leader in the field of single-use bioprocess equipment and consumables for the biopharmaceutical and biotechnology industries. The acquisition includes the ATMI LifeSciences portfolio of custom-engineered, flexible packaging solutions, single-use storage systems, mixers and bioreactors. On the Closing Date, the Company paid a cash purchase price of $185,000, subject to a post closing working capital adjustment.